Summer 2024 Intern - IT Compliance and Risk Analyst - Federal Reserve Bank (FRB)

Company

Federal Reserve Bank of Dallas

We are dedicated to serving the public by promoting a strong financial system and a healthy economy for all. These efforts take a team of dedicated individuals doing many different jobs. Together we’re creating a workplace where talented people can thrive, and we welcome your unique background and perspective to help present the best possible solutions for our partners.

Location: #LI-Hybrid

ABOUT THE DALLAS FED:

At the Dallas Fed we serve the public by partnering with communities and businesses, promoting jobs and stable prices, and keeping your money safe and available. We welcome different perspectives, ideas, and experiences, and are committed to maintaining an inclusive and diverse culture. As part of the nation’s central bank, we are committed to improving the economy and our communities. Are you ready to make a difference?

Learn more about the Dallas Fed: www.dallasfed.org/fed.

ABOUT THE INTERNSHIP PROGRAM:

We offer paid, full-time summer internships for many majors, with fulfilling work and opportunities to grow. To help launch your career, we provide dedicated staff mentors. You’ll also learn from senior leaders and industry experts. As part of the Federal Reserve System, you’ll be connected to a professional network that spans the nation. You will begin in early June and will be based in the Dallas office.

Learn more about our internship program: www.dallasfed.org/internships.

ABOUT YOUR TEAM:

Credit Risk Management (CRM) is a national business line within the Federal Reserve System (FRS) that plays a key role in the Federal Reserve's mission to support effective monetary policy and financial system stability. The CRM function is responsible for extending daylight and overnight credit to depository institutions through the Federal Reserve's discount window, mitigating payment system risks, monitoring banking conditions, and valuing collateral. To perform these functions, the CRM business line leverages a suite of automated technology tools and applications within the CRM IT portfolio. 

The Dallas Fed has a dedicated IT team that supports the CRM IT portfolio. Overarching responsibilities include managing, operating, supporting, and developing the IT tools on behalf of the FRS CRM business line.  This internship will primarily work with the CRM IT compliance & risk team, which is responsible for ensuring that the organization is in adherence to all applicable FRS, District, and CRM business line policies, procedures, and standards, including information security policies. 

WHAT YOU’LL DO:

• Support the CRM IT compliance & risk team with developing, governing and maintaining the compliance and risk management program for the organization. 

• Support the CRM IT organization with its development and implementation of a new business continuity and disaster recovery strategy and associated procedures.

• Create and manage a central document repository for CRM IT policies, procedures, and guides.

• Work with the compliance team to develop risk management strategies to avoid non-compliance.

• Assist in coordinating the organization's security attestations across all applicable applications and platforms.

• Assist in coordinating compliance-related activities and audits. 

• Bring your creativity and fresh perspective to the table through active engagements with the team and business-line stakeholders. 

WHAT YOU BRING:

• Degree/Major in Computing & Information Security; Business Management & Administration; Cybersecurity or other 

• Undergraduate entering their Junior or Senior year; IT- or Business Administration-related degrees preferred but not required

OUR BENEFITS:

• Flexible hours
• Professional development opportunities 
• Broader networking opportunities across District 
• Downtown location with free parking
• 24/7 on-site fitness center (Houston, Dallas)
• On-site café and coffee shop

WORK HOURS:

Monday – Friday, 8:00 a.m. – 5:00 p.m. (40 hours/ week). Some additional hours may be required

NOTES:

Applicants must be eligible to work in the U.S and the role is not available for sponsorship.

If you need special accommodations during your interview process, please notify your Talent Acquisition Consultant.

We are proud to be an equal opportunity employer

Full Time / Part Time

Full time

Regular / Temporary

Temporary

Job Exempt (Yes / No)

No

Job Category

Internship

Work Shift

First (United States of America)

The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

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